While investors are struggling to find a strong direction, the euro-dollar parity has been alternating up and down for a week. The market remains hesitant with the euro rising a little on Tuesday.

With investors struggling to find strong direction before knowing how the US Federal Reserve (Fed), European Central Bank (ECB) and other central banks will react to the new variant of Covid-19, the euro was recovering a little ground against the US dollar on Tuesday. The market is hesitant ahead of several central bank meetings on which the spread of the Omicron variant should weigh. Around 10:00 GMT (11:00 CET), the euro took 0.16% to 1.1303 dollars for one euro. Observers expect the US monetary institute to step up the pace of limiting its asset purchase program, opening the door to a higher-than-expected rate hike in 2022. Across the Atlantic, despite further fall in the unemployment rate in the United Kingdom (4.2% for the three months ended in October against 4.3% a month earlier), even though government employment aid ended at the end of September, the British pound looked gray (-0.01% to 1.3222 dollars for one pound, -0.12% to 85.48 pence for one euro).